Starknet Foundation Makes Available $5 Million To Developers As Funding
The Starknet Foundation is prepared to release about $5 million, to its teams of developers, as funding. Starknet Foundation aims to distribute this fund to about 200 teams, in which case; $25,000 will be given to each of the teams. Starknet had done similar funding in the past.
In the past, with the Starknet Seed Fund Program, they had 20 teams; and they distributed a smaller fund of $500,000 between the 20 teams. This current funding is aimed at developers who have a proof of concept, and are ready to build innovative tools for Starknet.
The Starknet Foundation plans to make available funds that are non-dilutive, which will provide assistance to teams, that are innovative and teams that encourage the growth of Starknet as an ecosystem.
The $5 million funding is one that will help in the development of Starknet community. And it will provide many teams with the much need enablement to make innovative contributions to Starknet, improving the customer's delight and the functionality of Starknet tools.
The $5 million funding is a good one and will definitely take the project to a very greater height but only if it is been well used actually
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